GDP / Output
+7.7% YoY
93
$419.3B
Output changed +7.7% in 2024.
Vintage date unknown
State growth7.5%
U.S. growth5.3%
Jobs
Unemployment rate
49
4.8%
Unemployment is 4.8% for June 2026.
Vintage date unknown
State avg4.9%
U.S. avg4.2%
Population
+3.3% 5-year
70
4,559,748
Population moved +3.3% over the latest ACS window.
Vintage date unknown
State population7,378,838
U.S. population334,922,499
Housing
Rent share of income
68
23.0%
Median rent consumes 23.0% of median household income: Affordable.
Vintage date unknown
State rent$1.5K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
Unavailable per resident
NA
Unavailable
Federal spending data is unavailable for this geography.
Vintage date unknown
State total$112.1B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
Unavailable
No federal obligations were reported for this geography.
Top agencies
DollarsNo agencies reported.
Top recipients
DollarsNo recipients reported.
Affordable
Housing Affordability
23.0%
of median income
1BR estimate$1,401
2BR estimate$1,845
Median income$89,300
Median home value$452,800
ACS context
Quick Facts
Population
4,559,748
Median age
37.6
Bachelor's degree+
36.7%
Poverty rate
11.0%
Labor force participation
65.1%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
June 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-29
HUD Fair Market Rent
Latest available
Data notes
- USAspending federal inflow temporarily unavailable.
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.7%
GDP CAGR
+8.2%
Federal flow
N/A
Population (5 years)
20204,412,779
20214,367,186
20224,430,871
20234,491,987
20244,559,748
GDP (5 years)
2020$283.1B
2021$319.0B
2022$359.3B
2023$389.4B
2024$419.3B
2-year linear forecast
Predictive Outlook
Population forecast
20244,559,748
20254,578,136 *
20264,620,010 *
R² = 78.3% · * projected
GDP forecast
2024$419.3B
2025$456.8B *
2026$491.1B *
R² = 99.6% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$89,300/yr
Median rent$1,708/mo
Rent share of income23.0%
Est. mortgage (30yr, 6.5%)$27,475/yr
Mortgage share of income30.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.8%
State avg4.9%
U.S. avg4.2%
Labor force participation65.1%
Poverty rate11.0%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$452,800
Median monthly rent$1,708
Price-to-rent ratio22.1x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score71/100
Economic growth93/100
Labor market49/100
Population momentum70/100
Overall stability68/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.